Greggs plc (GRG) Announces Dividend of GBX 6
Greggs plc (LON:GRG) declared a dividend on Wednesday, July 30th, Stock Ratings News reports. Investors of record on Wednesday, September 3rd will be given a dividend of GBX 6 ($0.10) per share on Friday, October 3rd. This represents a yield of 1.14%. The ex-dividend date of this dividend is Wednesday, September 3rd. The official announcement can be viewed at this link.
GRG has been the subject of a number of recent research reports. Analysts at Shore Capital reiterated a “hold” rating on shares of Greggs plc in a research note on Wednesday. On the ratings front, analysts at N+1 Singer reiterated a “corporate” rating on shares of Greggs plc in a research note on Wednesday. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 487 ($8.27).
Shares of Greggs plc (LON:GRG) traded up 4.10% during mid-day trading on Wednesday, hitting GBX 520.50. 193,435 shares of the company’s stock traded hands. Greggs plc has a 52-week low of GBX 388.40 and a 52-week high of GBX 579.50. The stock’s 50-day moving average is GBX 527.8 and its 200-day moving average is GBX 516.4. The company’s market cap is £523.1 million.
Greggs plc is a bakery retailer in the United Kingdom. The Company has approximately 2,000 shops, supplied by approximately 10 regional bakeries.
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